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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (34592)	8/22/2000 12:54:35 PM
From: Charles Tutt	Read Replies (3) \| Respond to of 64865

A friend sent me a report on SUNW by Salomon Smith Barney dated 8/8. It's very bullish. I'll quote a bit of its Executive Summary to give you a flavor: "Overall demand is clearly greater than our earlier expectation. Numerous signposts indicate that current industry demand levels will be sustained. Domestic e-business investments remain in the early stages, and catch-up is required outside the United States simply to achieve this country's early stages of Internet computing progress. ... Sun is clearly the category leader in both the broad UNIX-centric Internet infrastructure market and the broader Internet computing market. ... We have never seen anything like Sun's last two quarters. ... Sun has become a core holding, in our view." One of the parts I like best is a chart showing revenue per employee on the rise recently, even as headcount has increased significantly. They project continued improvement. This is one of the metrics that attracted me to Sun when I first bought it years ago. Another section describes the results of a survey of CIO's: "CIOs expecting to increase spending with Sun over the coming 12 months were 40% greater than prior-year levels. Only Sun showed spending acceleration." Another highlight: "There was only one real winner in the High-End Server market in 1999 -- Sun Microsystems. ... The company's share is almost 10% of this market, which places it at No. 2 behind IBM, having surged past Hitachi, Fujitsu, and HDS. According to our market analysis, Sun is the only company to have increased revenue in this segment last year." Woo-Hoo. JMHO.